Manila—(PHStocks)—The Philippine economy grew by 5.3% for the third quarter; lower than most analysts’ expectations, and down from 6.4% in the previous quarter. Nevertheless, investors local and abroad remained optimistic of the Philippine stock market, driving up the local stock barometer in the positive side during the last trading day of November. The PSE index […]Continue reading…

Manila—(PHStocks)—Philippine stocks were down Tuesday, 25 November, as investors lock in their gains. The Philippine Stock Exchange (PSE) index slid by 0.52% or 38.28 points to end today’s trading at 7,286.85. Except for the Mining and Oil index, which was nearly flat, all other counters finished in the red, albeit declines were minimal. Related Articles:PH […]Continue reading…

Manila—(PHStocks)—Philippine stocks surge Monday, 24 November, tracking performance in other Asian markets as investors cheer the prospect of further policy stimulus in Europe, and the Chinese central bank’s interest rate cut. The Philippine Stock Exchange (PSE) index went up by 0.67% or 48.95 points to close today’s trading at 7,325.13. All counters finished in the […]Continue reading…

Manila—(PHStocks)—Philippine stocks extended their gains for a third day as investors digest earnings and market news abroad, with S&P 500 recording its 42nd record close of the year. The Philippine Stock Exchange (PSE) index further gained 0.64% or 45.94 points to close trading at 7,275.66 Tuesday, 18 November. Related Articles:PHStocks Week in Review: PH Stocks […]Continue reading…

Manila—(PHStocks)—Philippine stocks declined Thursday, 13 November, as investors locked in their gains after two days of rally. The Philippine Stock Exchange (PSE) index slid by 0.47% or 34.24 points to close at 7,198.63. All counters except for the Industrials (+0.07%) were down, but minimally. Related Articles:Profit Taking Pulls Back PH StocksPH Stocks Bounce BackPH Stocks […]Continue reading…